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Jum Balea · · 1 min read

Brief: 500 TukTuks invests in Thai spa and beauty salon booking startup

Photo credit: Pixabay.

Thailand-based GoWabi lets spa, beauty salons, and clinics manage their capacity and offer discounted prices during off-peak hours, while keeping regular prices during peak.

Competitors: Vaniday, Bfab, Beaupass, BloomMe

How it compares to competitors: It’s mainly a booking platform and offers discounts only during quiet hours.

Traction

Since its 2016 launch, GoWabi has expanded its footprint to nine major cities in Thailand and is now working with more than 300 beauty and wellness salons and boutiques, including Yves Rocher, Let’s Relax, and Strip. It claims to have “thousands of bookings” growing at a monthly rate of over 20 percent.

Funding details

Amount raised: Undisclosed
Funding stage: Seed
Investor: 500 TukTuks
Investment type: Equity
Purpose: To expand the team, further develop the platform, and onboard more shops and service categories
Total funding to date: Undisclosed

Editing by Steven Millward

(And yes, we’re serious about ethics and transparency. More information here.)

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Community Writer

Jum Balea

A Filipino journalist who's preparing to join a Southeast Asian VC (soon). She formerly held roles at The Ken, Tech in Asia, and Manila-based Rappler and ABS-CBN. Twitter: @jumbalea